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PRIME SELECTION SERVICES

Active
Private limited companyfounded 2024active for 1 yearMaaseikerbaan 16, 3600 Genk, BelgiumKBO/BCE: BE 1016.525.554
Summary

The computed 12-month bankruptcy probability of PRIME SELECTION SERVICES is 1.5% (moderate). The 2025 annual accounts show equity of €3,719 and a net result of -€6,281. Its solvency ranks better than 39% of 3,263 sector peers (NACE 95, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Turnover
€48,566
EBIT margin
-12.8%
Net result
-€6,281
Working capital
-€2,922
Balance-sheet composition
Assets €13,869
Fixed assets €6,642
Current assets €7,227
Equity and liabilities €13,869
Equity €3,719
Debt €10,150
Debt finances 73.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
-€6,163
Cash flow
-€6,223
Current ratio
0.71
Debt to equity
2.73
ROE
-168.9%
ROA
-45.3%
Interest coverage
-101.24
Debt ≤ 1 year
€10,150
Staff costs
€25,119

Peer companies

Historical observation

Of the 177 companies that looked in July 2024 the way this one looks now, 3.4% went bankrupt within 24 months and 91.5% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
3.4% went bankrupt
5.1% stopped otherwise
91.5% still going

For this company itself Checked computes a bankruptcy probability of 1.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 177 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€13,869
Fixed assets21/28€6,642
Tangible fixed assets22/27€642
Plant, machinery and equipment23€642
Financial fixed assets28€6,000
Current assets29/58€7,227
Amounts receivable within one year40/41€4,816
Trade receivables40€4,816
Cash at bank and in hand54/58€2,412
Equity and liabilities
Total equity and liabilities10/49€13,869
Equity10/15€3,719
Contributions10/11€10,000
Profit (loss) carried forward14-€6,281
Amounts payable17/49€10,150
Amounts payable within one year42/48€10,150
Trade debts44€2,095
Suppliers440/4€2,095
Taxes, remuneration and social security45€8,055
Taxes450/3€3,881
Remuneration and social security454/9€4,173
Income statement Code2025
Turnover70€48,566
Goods, raw materials, services and sundry goods60/61€28,951
Remuneration, social security and pensions62€25,119
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57
Other operating charges640/8€659
Gross operating margin9900€19,615
Operating profit (loss)9901-€6,220
Financial charges65/66B€61
Recurring financial charges65€61
Profit (loss) for the period before taxes9903-€6,281
Profit (loss) for the period9904-€6,281
Profit (loss) for the period to be appropriated9905-€6,281
Appropriation of the result
Profit (loss) to be appropriated9906-€6,281

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Turnover70€48,566
Goods, raw materials, services and sundry goods60/61€28,951
Remuneration, social security and pensions62€25,119
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57
Other operating charges640/8€659
Gross operating margin9900€19,615
Operating profit (loss)9901-€6,220
Financial charges65/66B€61
Recurring financial charges65€61
Profit (loss) for the period before taxes9903-€6,281
Profit (loss) for the period9904-€6,281
Profit (loss) for the period to be appropriated9905-€6,281
Line2025
Assets
Total assets20/58€13,869
Fixed assets21/28€6,642
Tangible fixed assets22/27€642
Plant, machinery and equipment23€642
Financial fixed assets28€6,000
Current assets29/58€7,227
Amounts receivable within one year40/41€4,816
Trade receivables40€4,816
Cash at bank and in hand54/58€2,412
Equity and liabilities
Total equity and liabilities10/49€13,869
Equity10/15€3,719
Contributions10/11€10,000
Profit (loss) carried forward14-€6,281
Amounts payable17/49€10,150
Amounts payable within one year42/48€10,150
Trade debts44€2,095
Suppliers440/4€2,095
Taxes, remuneration and social security45€8,055
Taxes450/3€3,881
Remuneration and social security454/9€4,173
Line2025
Profit (loss) for the period9904-€6,281
+ Depreciation and write-downs630€57
Operating cash flow (approximation)-€6,223

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 04-06-2026 2026-00136945

Similar companies · same sector, comparable size

Of the 3,175 active companies whose main activity is washing and cleaning of motor vehicles (NACE 95316), figures are known for 757. 357 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.